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(DEEPAKNTR) Deepak Nitrite complete technical analysis [charts+indicators] | Buy/Sell Deepak Nitrite | (DEEPAKNTR) share price targets

Complete technical analysis of Deepak Nitrite (DEEPAKNTR) by charts plus indicators, forecast predictions and share price targets for Deepak Nitrite (DEEPAKNTR)

Deepak Nitrite trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-11-21 View latest technical analysis

10 day averaged volume of Deepak Nitrite is 447589

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2619.20	2650.00	2675.90	2607.65	0.399 times
19 Tue Nov 2024	2671.30	2579.75	2714.00	2550.00	1.226 times
18 Mon Nov 2024	2569.30	2634.00	2634.00	2511.75	1.538 times
14 Thu Nov 2024	2638.50	2453.00	2667.00	2453.00	2.575 times
13 Wed Nov 2024	2493.60	2564.00	2572.20	2475.65	1.219 times
12 Tue Nov 2024	2572.90	2628.00	2654.30	2551.10	0.902 times
11 Mon Nov 2024	2622.00	2677.90	2677.90	2566.05	0.583 times
08 Fri Nov 2024	2678.25	2816.15	2833.80	2670.00	0.449 times
07 Thu Nov 2024	2816.00	2850.00	2885.10	2794.30	0.361 times
06 Wed Nov 2024	2846.10	2715.00	2855.45	2701.90	0.796 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2591.3 as stoploss in an intra day buy trade for a target of 2669.38. However, stock will show a bearish move below 2591.3.

Share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Target	2453.00
Downside Target	2510.00
Downside Target	2600.80
Upside Target	2783.45
Upside Target	2858.00
Upside Target	2885.10
Upside Target	3011.15
Upside Target	3023.80
Upside Target	3122.05
Upside Target	3169.00

Intraday share price targets for Deepak Nitrite (DEEPAKNTR)

Target Type	Value
Downside Intraday Target	2515.97
Downside Intraday Target	2412.73
Upside Intraday Target	2718.22
Upside Intraday Target	2817.23
Downside Intraday Target	2614.98

Weekly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2619.20	2634.00	2714.00	2511.75	0.599 times
14 Thu Nov 2024	2638.50	2677.90	2677.90	2453.00	2.374 times
08 Fri Nov 2024	2678.25	2646.25	2885.10	2600.80	1.174 times
01 Fri Nov 2024	2646.25	2660.00	2744.80	2611.10	0.741 times
25 Fri Oct 2024	2671.40	2840.00	2858.00	2640.00	0.46 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Deepak Nitrite (DEEPAKNTR)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2619.20	2664.00	2885.10	2453.00	0.717 times
31 Thu Oct 2024	2636.30	2909.40	3011.15	2611.10	1.258 times
30 Mon Sep 2024	2907.10	2926.45	3023.80	2782.00	0.491 times
30 Fri Aug 2024	2911.05	3083.05	3169.00	2783.45	0.912 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Deepak Nitrite (DEEPAKNTR)

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Deepak Nitrite ( (DEEPAKNTR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Deepak Nitrite stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Deepak Nitrite in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Deepak Nitrite Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Deepak Nitrite in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Deepak Nitrite is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2631.32 and Deepak Nitrite (DEEPAKNTR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Deepak Nitrite (DEEPAKNTR) stock. Volume based technical analysis of Deepak Nitrite (DEEPAKNTR) stock is negative.

Deepak Nitrite Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.